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GI
Graco Inc.
Product Planner
Career Insights for Supply Planner
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Based on Utah data
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What they do
A Supply Planner provides supply planning and manages inventories for a company. Monitors inventory capacity, maintains stocks, and manages inventories so that production is not delayed or disrupted. Develops strategic supply and inventory management plans and investigates supply chain issues.
$95,330 / year median in Utah
+12% projected growth
Job Description
Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life. Where You'll Work - White Knight Fluid Handling Inc., a subsidiary of Graco, Inc. White Knight was established in 1995 and has consistently developed and manufactured high-quality products. We are a leading supplier of pumps and fluid transfer technology to the semiconductor, Solar Cells, LEDs, flat-panel displays, electronic and industrial markets. Ready to join us? Within a manufacturing setting, have a broad knowledge of the entire factory to expertly forecast, plan, and schedule products to meet customer needs in the most timely and efficient manner not just in a cell. Meet customer service level objectives and planned inventory objectives. Be viewed as a GAINS Champion, a Master Planner, train new hires, and implement supply chain improvements. Communicate with a variety of cross functional teams in factory and corporate positions. Gain ownership of role by developing and implementing continuous improvement processes in inventory management, demand planning, purchasing and scheduling execution on the shop floor. What You Will Do at Graco Planning Plan all purchased and manufactured parts utilizing the best ordering approach. EOQ, min/max, fixed days, Kanban, MRP, etc. Ensure accurate planning parameters are set in planning systems - GAINS, Oracle. Schedule manufacturing orders and ensure customer requirements are met. Give work direction and prioritize schedules on the shop floor. Communicate with customer service to align priorities to meet customer requirements. Keep management proactively informed of manufacturing challenges and issues (capacity, machine downtime, and fluctuations in resources). Work with internal cross-functional teams on capacity utilization and sourcing for assembly and machine resources. Utilize the MRP system to create the buying plan, regulate safety stocks, recommend expedites, and de-expedites in order to meet demand while maintaining optimum inventory levels. Attend and direct meetings with other departments when necessary to implement new procedures or resolve inter-departmental issues. Manage inventory to ensure cell objectives are met and in line with company objectives. Manage surplus and obsolete inventory and actively disposition inventory if required. Plan and execute the flow of externally procured material from the supplier into the factory for assigned products ensuring inventory optimization and flow of material. Proactively communicate supply shortages, delivery changes, or quality issues to appropriate personnel in a timely manner. Develop and implement lean supply chain methodologies with strategic suppliers that improve flexibility and reduce inventory liability while maintaining sufficient supply. Forecasting GAINS champion. Work closely with the Demand and Supply Chain Team on justifying and implementing GAINS enhancements or new revisions. Maintain a working knowledge of forecasting methods and processes and learn any new system enhancements provided in the forecasting system and recommended improvements. Use GAINS to create, adjust, and maintain product and component forecast to drive the Oracle planning system while analyzing supply and demand. Communicate with marketing to refine and improve data to accurately forecast product. Continuous Improvement Champion Define, drive, and implement process improvements and systems improvements for supply chain activities. Provide timely, accurate results to streamline and improve processes. Identify and implement best business material planning strategies to support corporate and divisional objectives, providing Graco a competitive advantage in all areas of the supply chain. Lead and implement additional continuous improvement projects to enhance the supply chain process Identify, develop and implement inventory reduction initiatives and improvements for on-time delivery, lead times, inventory turns, and delivers. Support new product development from concept stage through successful product launch Training Provide training on various material related concepts and processes to new material planners. Mentors and trains new planners and employees in other departments on planning systems and processes. Creates and distributes training documents as necessary. Reporting Creates and shares reports with other planners that have a positive impact on planning measurable. Perform other duties as assigned. What You Will Bring at Graco Bachelor's degree in Operations Management, Logistics and Supply Chain Management or related field or equivalent combination of education and minimum 8 years of planning or related experience in a manufacturing/ distribution environment.